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Nordson Corp Stock Research

NDSN

208.56USD+0.82(+0.39%)Delayedas of 23 Mar 2023, 01:26 pm

Market Summary

USD208.56+0.82
Delayedas of 23 Mar 2023, 01:26 pm
0.39%

NDSN Alerts

NDSN Stock Price

NDSN RSI Chart

NDSN Valuation

Market Cap

11.8B

Price/Earnings (Trailing)

23.74

Price/Sales (Trailing)

4.55

EV/EBITDA

16.54

Price/Free Cashflow

25.1

NDSN Price/Sales (Trailing)

NDSN Profitability

EBT Margin

24.25%

Return on Equity

20.31%

Return on Assets

11.73%

Free Cashflow Yield

3.98%

NDSN Fundamentals

NDSN Revenue

Revenue (TTM)

2.6B

Revenue Y/Y

0.22%

Revenue Q/Q

-10.69%

NDSN Earnings

Earnings (TTM)

497.0M

Earnings Y/Y

-13.41%

Earnings Q/Q

-26.19%

Price Action

52 Week Range

194.89251.26
(Low)(High)

Last 7 days

-6.3%

Last 30 days

-15.5%

Last 90 days

-14.4%

Trailing 12 Months

-5.8%

NDSN Financial Health

Current Ratio

1.43

Debt/Equity

0.35

Debt/Cashflow

0.64

NDSN Investor Care

Dividend Yield

1.08%

Dividend/Share (TTM)

2.23

Buy Backs (1Y)

1.69%

Diluted EPS (TTM)

8.58

Peers (Alternatives to Nordson)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
70.3B
15.9B
-4.56% 11.77%
23.16
4.41
10.22% 12.62%
21.7B
5.9B
-7.82% 9.45%
35.84
3.66
14.83% 7.50%
17.5B
5.5B
-9.89% 14.00%
49.32
3.17
6.29% -16.86%
16.5B
3.2B
-4.80% 13.07%
28.15
5.19
15.09% 30.60%
11.8B
2.6B
-15.46% -5.82%
23.74
4.55
6.00% -0.05%
MID-CAP
7.8B
3.4B
-1.96% 20.78%
21.96
2.29
10.23% 12.47%
7.4B
4.0B
-9.82% -16.70%
17.02
1.84
24.06% -10.63%
6.8B
3.0B
-14.00% 4.81%
18.5
2.27
8.05% 16.03%
4.1B
3.6B
-13.45% -3.25%
21.49
1.12
2.09% 49.85%
4.0B
1.9B
-0.05% 58.52%
31.56
2.06
2.41% 358.48%
SMALL-CAP
1.6B
579.7M
-0.07% 37.28%
77.34
2.72
7.33% -43.89%
1.4B
742.4M
-3.98% 8.57%
19.82
1.84
4.57% 49.21%
1.2B
125.6M
-4.27% 16.06%
51.42
9.85
20.87% 68.54%
1.2B
1.1B
-5.06% -22.33%
18.4
1.12
0.13% 2.16%
56.4M
35.4M
-3.93% 62.47%
14.26
1.6
30.59% 265.52%

Financials for Nordson

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue0.1%2,5922,5902,5062,4912,445
  S&GA Expenses0.1%725724718715712
Costs and Expenses0.7%1,9011,8881,8301,8111,783
EBITDA-2.1%706721684687-
EBITDA Margin-2.1%0.27*0.28*0.27*0.28*-
Earnings Before Taxes-3.2%628649612612628
EBT Margin-3.3%0.24*0.25*0.24*0.25*-
Interest Expenses21.8%27.0022.0022.0022.0024.00
Net Income-3.1%497513482483497
Net Income Margin-3.2%0.19*0.20*0.19*0.19*-
Free Cahsflow1.8%470462461468-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets10.9%4,2373,8203,8243,7963,835
  Current Assets4.0%1,1781,1331,1161,0601,054
    Cash Equivalents-25.4%122163129121171
  Inventory16.8%448383400383366
  Goodwill16.8%2,1071,8051,8131,8211,836
  Current Liabilities-1.0%825834827722429
  Long Term Debt1.6%803791807--
    LT Debt, Current7.2%42139340231134.00
    LT Debt, Non Current72.4%595345402480773
Shareholder's Equity6.6%2,4472,2942,1992,1912,219
  Retained Earnings1.8%3,7193,6523,5483,4363,356
  Additional Paid-In Capital2.3%641627617608599
Shares Outstanding-0.4%57.0057.0058.0058.00-
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations1.0%518513510513521
  Share Based Compensation-7.0%29.0031.0028.0025.0021.00
Cashflow From Investing-91.1%-425-222-220-215-209
Cashflow From Financing66.7%-138-416-329-305-362
  Dividend Payments5.9%133126118112105
  Buy Backs-10.7%23526324817191.00

Risks for NDSN

What is the probability of a big loss on NDSN?

53.9%


Probability that Nordson stock will be more than 20% underwater in next one year

18.5%


Probability that Nordson stock will be more than 30% underwater in next one year.

0%


Probability that Nordson stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NDSN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Nordson was unfortunately bought at previous high price.

Drawdowns

Returns for NDSN

Cumulative Returns on NDSN

12.8%


10-Year Cumulative Returns

16.5%


7-Year Cumulative Returns

9%


5-Year Cumulative Returns

18.6%


3-Year Cumulative Returns

What are the long-term rolling returns for NDSN?

FIve years rolling returns for Nordson.

Annualized Returns

Which funds bought or sold NDSN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-8.79
4,954
207,954
0.01%
2023-03-13
Claro Advisors LLC
added
31.81
155,311
439,311
0.14%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-54.86
-13,097,400
13,389,600
0.01%
2023-03-08
Capital Asset Advisory Services LLC
reduced
-47.71
-293,773
494,227
0.04%
2023-03-06
Rockefeller Capital Management L.P.
added
182
3,418,000
4,999,000
0.03%
2023-02-28
Voya Investment Management LLC
added
1.37
677,066
5,690,070
0.01%
2023-02-28
CONTINENTAL INVESTORS SERVICES, INC.
unchanged
-
31,068
289,068
0.90%
2023-02-24
NATIXIS
reduced
-31.72
-166,662
540,338
-%
2023-02-24
National Pension Service
unchanged
-
456
4,517
-%
2023-02-24
SRS Capital Advisors, Inc.
unchanged
-
2,813
27,813
-%

1–10 of 48

Latest Funds Activity

Are funds buying NDSN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NDSN
No. of Funds

Nordson News

Seeking Alpha

MPLX: Potentially The Safest 9.2% Yield For The Coming Recession ....

Seeking Alpha,
6 hours ago

Zacks Investment Research

Nasdaq

Seeking Alpha

Seeking Alpha

Schedule 13G FIlings of Nordson

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
10.65%
6,085,856
SC 13G/A
Feb 01, 2023
blackrock inc.
6.6%
3,797,338
SC 13G/A
Jan 11, 2023
savage jennifer a
4.9%
2,785,058
SC 13G/A
Jan 11, 2023
nord jane b
5.2%
29,889
SC 13G/A
Mar 09, 2022
vanguard group inc
10.42%
6,036,535
SC 13G/A
Feb 10, 2022
vanguard group inc
8.85%
5,147,096
SC 13G/A
Feb 01, 2022
blackrock inc.
8.4%
4,861,009
SC 13G/A
Jan 14, 2022
nord jane b
5.1%
2,991,902
SC 13G/A
Jan 12, 2022
savage jennifer a
5.1%
2,956,395
SC 13G/A
Feb 11, 2021
massachusetts financial services co /ma/
2.9%
1,684,296
SC 13G/A

NDSN Fair Value

Nordson fair value in different scenarios

The table shows the Fair Value estimates for Nordson for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

83.06

-60.17%

102.09

-51.05%

156.99

-24.73%

201.37

-3.45%

236.83

13.55%
Current Inflation

76.66

-63.24%

93.03

-55.39%

139.34

-33.19%

176.46

-15.39%

206.00

-1.23%
Very High Inflation

68.69

-67.06%

81.96

-60.70%

118.49

-43.19%

147.51

-29.27%

170.46

-18.27%

Historical Nordson Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Nordson

View All Filings
Date Filed Form Type Document
Mar 07, 2023
8-K/A
Current Report
Mar 07, 2023
8-K/A
Current Report
Mar 06, 2023
4/A
Insider Trading
Mar 06, 2023
8-K
Current Report
Mar 02, 2023
4
Insider Trading
Mar 01, 2023
3
Insider Trading
Mar 01, 2023
3/A
Insider Trading
Feb 23, 2023
10-Q
Quarterly Report
Feb 21, 2023
8-K
Current Report
Feb 14, 2023
4
Insider Trading

Latest Insider Trading transactions for NDSN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
Siddiqui Sarah
acquired
68,252
219
311
evp, chro
2023-02-13
Pembroke Jeffrey A
sold
-1,217,380
243
-5,000
executive vice president
2023-02-13
Pembroke Jeffrey A
acquired
370,300
74.06
5,000
executive vice president
2023-02-06
Kelley Joseph P
sold
-517,503
246
-2,100
evp and cfo
2023-01-31
DeFord John A
acquired
22,383
243
92.00
-
2023-01-09
PEET SHELLY
sold
-383,418
238
-1,611
executive vice president
2023-01-04
Subramanian Srinivas
acquired
222,558
238
935
executive vice president
2023-01-04
NAGARAJAN SUNDARAM
acquired
1,449,600
238
6,090
president and ceo
2023-01-04
DeVries James E
sold (taxes)
-164,241
238
-690
executive vice president

1–10 of 50

Sundaram Nagarajan
6810
Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through two segments, Industrial Precision Solutions (IPS) and Advanced Technology Solutions (ATS). The IPS segment provides dispensing, coating, and laminating systems for adhesives, lotions, liquids, and fibers to disposable products and roll goods; automated adhesive dispensing systems used in packaged goods industries; components and systems used in the thermoplastic melt stream; and product assembly systems for use in paper and paperboard converting applications, and manufacturing roll goods, as well as for the assembly of plastic, metal, and wood products. It also offers automated and manual dispensing products and systems to apply adhesive and sealant materials; dispensing and curing systems to coat and cure containers; systems to apply liquid paints and coatings to consumer and industrial products; and systems to apply powder paints and coatings to metal, plastic, and wood products, as well as ultraviolet equipment for use in curing and drying operations for specialty coatings, semiconductor materials, and paints. The ATS segment provides automated dispensing systems for the attachment, protection, and coating of fluids, as well as related gas plasma treatment systems for cleaning and conditioning surfaces; precision manual and semi-automated dispensers, minimally invasive interventional delivery devices, plastic molded syringes, cartridges, tips, fluid connection components, tubing, balloons, and catheters; and bond testing and automated optical, acoustic microscopy, and x-ray inspection systems for use in semiconductor and printed circuit board industries. The company markets its products through direct sales force, as well as distributors and sales representatives. Nordson Corporation was founded in 1935 and is headquartered in Westlake, Ohio.

NDSN Income Statement

2023-01-31
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Income Statement [Abstract]  
Sales$ 610,477$ 609,166
Operating costs and expenses:  
Cost of sales281,610269,032
Selling and administrative expenses184,648184,274
Total operating costs and expenses466,258453,306
Operating profit144,219155,860
Other income (expense):  
Interest expense(10,530)(5,650)
Interest and investment income587465
Other - net(3,196)1,292
Total other income (expense)(13,139)(3,893)
Income before income taxes131,080151,967
Income taxes26,81931,558
Net income$ 104,261$ 120,409
Average common shares (in shares)57,17058,152
Incremental common shares attributable to equity compensation (in shares)592667
Average common shares attributable and common share equivalents (in shares)57,76258,819
Basic earnings per share (in dollars per share)$ 1.82$ 2.07
Diluted earnings per share (in dollars per share)$ 1.81$ 2.05

NDSN Balance Sheet

2023-01-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2023
Oct. 31, 2022
Current assets:  
Cash and cash equivalents$ 121,994$ 163,457
Receivables - net546,649537,313
Inventories - net447,727383,398
Prepaid expenses and other current assets62,04648,803
Total current assets1,178,4161,132,971
Goodwill2,107,1131,804,693
Intangible assets - net377,835329,402
Property, plant and equipment - net361,447353,442
Operating right of use lease assets111,375102,279
Deferred income taxes11,99410,447
Other assets89,24387,141
Total assets4,237,4233,820,375
Current liabilities:  
Current maturities of long-term debt and notes payable420,947392,537
Accrued liabilities156,864206,828
Accounts payable90,60299,276
Customer advanced payments97,68392,584
Income taxes payable37,16122,333
Operating lease liability - current17,31915,738
Finance lease liability - current4,8854,907
Total current liabilities825,461834,203
Long-term debt595,166345,320
Operating lease liability - noncurrent97,17990,768
Deferred income taxes121,152110,781
Postretirement obligations56,95356,804
Pension obligations45,11440,551
Finance lease liability - noncurrent11,07011,184
Other long-term liabilities38,64336,389
Shareholders' equity:  
Common shares12,25312,253
Capital in excess of stated value640,800626,697
Retained earnings3,719,2783,652,216
Accumulated other comprehensive loss(131,537)(207,782)
Common shares in treasury, at cost(1,794,109)(1,789,009)
Total shareholders' equity2,446,6852,294,375
Total liabilities and shareholders' equity$ 4,237,423$ 3,820,375